55. Public notice of conclusion of an investigation without imposition of measures.

DURATION AND REVIEW OF ANTI-DUMPING DUTIESAND PRICE UNDERTAKINGS

56. Duration of an anti-dumping duty.

57. Review for change of circumstances.

58. Newcomer review.

59. Duration and review of undertakings.

ANTI-CIRCUMVENTION

60. Circumvention of anti-dumping duty.

61. Initiation of investigation to determine circumvention.

62. Determination of circumvention.

63. Review of circumvention.

PART IICOUNTERVAILING DUTIES

64. Circumstances in which a countervailing duty may be imposed.

65. When may a subsidy be subject to a countervailing duty.

66. Specificity and contingency of subsidy.

67. Determination of benefit by the grant of a subsidy.

68. Establishing the countervailing duty rate.

INITIATION, CONDUCT AND CONCLUSIONOF INVESTIGATION AND REVIEW

69. Initiation of investigation under this Part of the Act.

70. Conduct and conclusion of an investigation under this Part of this Act.

71. Price undertakings.

72. Consequences of voluntary undertakings under section 71.

73. Imposition and collection of countervailing duties etc. under this Part of this Act.

74. Termination for insufficient evidence of an investigation under this Part of this Act.

75. Consultations.

PART IIIGENERAL

76. Determination of injury.

77. Causation.

78. Threat of material injury.

79. Material retardation.

80. Confidential information not to be disclosed.

81. Judicial review.

82. Constitution of the Inter-Ministerial Committee.

83. Delegation by the Director-General.

84. Regulations.

85. Interpretation.

86. Sinhala text to prevail in case of inconsistency.

FIRST SCHEDULE

SECOND SCHEDULE

THIRD SCHEDULE

FOURTH SCHEDULE

2 of 2018.

AN ACT to provide for the investigation and imposition of anti-dumping duties and countervailing duties with regard to products imported into Sri Lanka and for matters connected therewith and incidental thereto.

Preamble

WHEREAS Sri Lanka was one of the original contracting parties to the General Agreement on Tariffs and Trade of 1947 (GATT 1947):

AND WHEREAS the General Agreement on Tariffs and Trade 1994 (GATT 1994) which is based upon the text of GATT 1947 and was signed in April 1994, includes among others the Agreement on Implementation of Article VI of the General Agreement on Tariffs and Trade 1994 and the Agreement on Subsidies and Countervailing Measures:

AND WHEREAS Sri Lanka intends to protect the domestic industries from prohibited and actionable subsidies and dumping:

AND WHEREAS it is expedient to make legislative provisions for the implementation in Sri Lanka of the two agreements referred to above.

[Date of Commencement: 23rd March, 2018]

1. Short title.

This Act may be cited as the Anti-Dumping and Countervailing Duties Act.

PART IAnti-Dumping Duties

This section of the article is only available for our subscribers. Please click here to subscribe to a subscription plan to view this part of the article.